Thursday, February 22, 2007

Corporate Taxes and What's "Fair"

TCS Daily makes the argument that fair corporate taxes is no corporate taxes. As a small business owner, I'm all for it, though I'm not sure how practical or politically feasible that is (ie it isn't). But it raises an interesting point since double taxation has always been one of those bizarre things that governments do. Practically speaking though I wonder how you deal with people who use businesses to pay their personal expenses? I suppose you're not allowed to do that anyway. Or even the accumulation of assets within corporations so it isn't taxed?

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